0 116Th Ter Fort McCoy, FL 32134
This exceptional .18-acre lot, totaling 7,840.8 square feet, presents a unique investment opportunity in the Royal Springs Park community of Fort McCoy, Florida. Located at 0 NE 116th Terrace, 32134, this property offers the flexibility of both commercial and residential development, making it ideal for a variety of uses. The rural setting provides a tranquil atmosphere while still offering convenient access to local amenities. The lot's size allows for ample space to build a small commercial structure or a residential dwelling, or a combination of both, depending on zoning regulations. Situated in Marion County, Florida, this property benefits from the area's growing population and economic activity. Its corner lot location provides excellent visibility and accessibility, making it an attractive option for businesses seeking a prominent presence. The latitude and longitude coordinates are 29.4794963, -81.9645098, respectively. Serious inquiries are encouraged to explore the potential of this versatile property and its suitability for your specific needs. Further due diligence is recommended to confirm zoning and development possibilities. This is a rare opportunity to acquire a strategically located lot in a desirable area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.